However, in the case of an owner's death, a timeshare becomes part of that owner's estate, and thus, the benefits, investment, and obligations attached to it are passed onto the next-of-kin or the beneficiary of the estate.
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A timeshare can be owned either as a real property interest (represented by a real estate deed) or as a personal property interest (represented by timeshare “points” or units in an entity that owns the property). The ownership characteristics greatly affect how a timeshare should be handled at the death of its owner.